World
All the latest headlines from all regions of the world outside the NAFTA market.
Latest News
Courts Reject Minority Arcelor Shareholder Motions
28 August 2007 - The District Court of Rotterdam and the Tribunal de Grande Instance of Paris reject attempts by minority Arcelor shareholders to prevent the merger of the Arcelor and Mittal Steel, as based on announced terms.
Steel Financial Bulletin Shows European Producers in Lead for 2007 Margins
27 August 2007 - The latest edition of Steel Financial Bulletin from Integer Research reveals that European steel producers have reported record profits in 2007, while margins in the U.S. steel market have fallen.
Air Products to Build Third Air Separation Plant for Guofeng Steel
23 August 2007 - Air Products will build a third air separation plant to supply industrial gases for Tangshan Guofeng Steel’s facilities in the Hebei Province.
SMS Demag to Upgrade Arcelor’s Bremen Converters for Gas Recovery
23 August 2007 - SMS Demag will upgrade the dust collection system for ArcelorMittal’s two 290-tonne converters at Bremen, preparing it to be retrofitted with a converter gas recovery system.
SMS Meer to Upgrade Firth Rixon Ring Rolling Machine
21 August 2007 - SMS Meer will modernize radial-axial ring rolling machine for Firth Rixon, including a new hydraulic system and modernization of the control system.
Worthington to Form European Steel Processing Joint Venture
21 August 2007 - Worthington Steel will form a joint venture with The Magnetto Group to operate a steel processing facility in Kosice, Slovakia.
IISI Reports World Crude Steel Production for July 2007
21 August 2007 - World crude steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 109.9 million tonnes in July — 5.3% higher than for the same month of 2006, but a drop of 1.1% from the previous month. Excluding China, world production fell by 0.5% compared to the previous month, and grew by just 0.5% compared to July 2006.
MultiServ Extends Services at Ternium and Siderperu
17 August 2007 - Harsco’s MultiServ division enters multi-year contracts extending its on-site mill services at three Mexico-based operations of Ternium, one of the leading steel companies in Latin America, and at Siderperu, Peru's largest steel producer.
Siemens to Supply Hot Strip Mill for Jindal Stainless
17 August 2007 - Jindal Stainless places order with Siemens’ Metals Technologies Division for a new hot strip mill, including mechanical equipment, drives, and complete basic and process automation.
CSN Posts Record Net Income for 2nd Quarter
16 August 2007 - Companhia Siderurgica Nacional reports net income of R$ 1.7 billion for the first half of 2007 - 129% more than in the first half of 2006 and a new six-month record for the company.
SMS Demag to Supply Steckel Mill for Baoshan Iron & Steel
16 August 2007 - SMS Demag will supply a steckel mill and related equipment and services to Baoshan Iron & Steel’s Special Steel Branch.
Mechel Trading Company Opens New Warehouses
15 August 2007 - Mechel’s trading company opens five new warehouses, with plans for further expansions to its distribution network in the near future.
Outotec to Provide Technology for Tata Steel Sinter Plant
15 August 2007 - Outotec will provide the design and basic engineering, supply proprietary equipment, and provide supervisory services for a new iron ore sinter plant – India’s largest to date – for Tata Steel's new Kalinganagar steel plant project.
Posco Breaks Ground in Vietnam for New Cold Mill
14 August 2007 - Posco holds groundbreaking ceremony in Vietnam for a new cold-rolling plant that will complement a three million tonne/year hot rolling plant that is also planned for Vietnam.
Siemens Optimizes Blast Furnace Top-Gas Dust Recycling Process
14 August 2007 - Siemens Metals Technologies will install its new cyclone separator for dedusting blast furnace top gases at JSW Steel Ltd in India.
Kocks to Supply RSB for new Henan Jiyuan Bar Mill
13 August 2007 - Friedrich Kocks GmbH will supply a 3-roll, heavy-duty reducing and sizing block for Henan Jiyuan Iron & Steel’s new 600,000 tonne/year SBQ bar mill.
Siemens Obtains Certificate of Conformity for Integrated Electric Steel Plants
10 August 2007 - Siemens VAI Metals Technologies receives certificate of conformity from the Russian ‘Certification Body for Mechanical Engineering Production’ in Moscow covering the supply of integrated electric steel plants and direct-reduction plants. The certificate is a precondition for exports to the Russian Federation.
IISI Reports World Crude Steel Productions for June 2007
08 August 2007 - World crude steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 110.6 million tonnes in June — 5.7% higher than for the same month of 2006. Excluding China, world production grew by just 1.7% compared to June 2006.
Evraz Moves Forward with Offer to Acquire Highveld Shares
08 August 2007 - Evraz confirms that it now holds 56.01% of Highveld’s issued share capital following the closing of Evraz Group’s June 4 offer to acquire the entire issued share capital of Highveld Steel and Vanadium Corp.
Danieli to Revamp Dunaferr Roughing Mill
07 August 2007 - Danieli Wean United signs contract with Dunaferr, Hungary, for the turnkey supply of a new reversing roughing mill, attached edger, descaling system, and hot coilbox automation.
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